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3 parts to this question. Complete this question by entering your answers in the tabs below. CHwkCh21110820 Saved Help Save & E Che 8
3 parts to this question. "Complete this question by entering your answers in the tabs below."
CHwkCh21110820 Saved Help Save & E Che 8 Blaze Corp. applies overhead on the basis of direct labor hours. For the month of March, the company plan production of 8,000 units (80% of its production capacity of 10,000 units) and prepared the following budge 1.91 points Operating Levels 80% 8,000 30,000 eBook Overhead Budget Production in units Standard direct labor hours Budgeted overhead Variable overhead costs Indirect materials Indirect labor Power Maintenance Total variable costs Fixed overhead costs Rent of factory building Depreciation Machinery Taxes and insurance Supervisory salaries Total fixed costs Total overhead costs $ 20,000 28,000 12,600 5,400 66,000 Hint Print 25,000 35,000 3,100 17,900 81,000 $147,000 References During March, the company operated at 90% capacity (9,000 units), and it incurred the following actual over costs. Overhead costs (actual) Indirect materials Indirect labor Power Maintenance Rent of factory building Depreciation-Machinery Taxes and insurance Supervisory salaries Total actual overhead costs $ 20,000 28,000 14,175 6,635 25,000 30,000 3,600 24,000 $ 151, 410 1. Compute the overhead controllable variance. 2. Compute the overhead volume variance. 3. Prepare an overhead variance report at the actual activity level of 9,000 units. Complete this question by entering your answers in the tabs below. 1. Compute the overhead controllable variance. 2. Compute the overhead volume variance. 3. Prepare an overhead variance report at the actual activity level of 9,000 units. eBook Complete this question by entering your answers in the tabs below. Hint Required 1 Required 2 Required 3 Print Compute the overhead controllable variance. Classify as favorable or unfavorable. (Indicate the eff selecting for favorable, unfavorable, and no variance. Do not round intermediate calcul .) References Controllable Variance Total actual overhead Flexible budget overhead Total Overhead controllable variance 000 1. Compute the overhead controllable variance. 2. Compute the overhead volume variance. 3. Prepare an overhead variance report at the actual activity level of 9,000 units. Hint Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Required 3 Compute the overhead volume variance. Classify as favorable or unfavorable. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance. Do not round intermediate calculations.) Volume Variance Volume variance CHwkCh21110820 i Saved Help Save & E Che 8 3. Prepare an overhead variance report at the actual activity level of 9,000 units. Complete this question by entering your answers in the tabs below. 1.91 points Required 1 Required 2 Required 3 Prepare an overhead variance report at the actual activity level of 9,000 units. Classify as favorable or unfavora the effect of each variance by selecting for favorable, unfavorable, and no variance. Do not round intermediate eBook 000 Hint BLAZE CORP Overhead Variance Report For Month Ended March 31 Print Expected production volume Production level achieved Volume variance Controllable Variance Variable overhead costs: Flexible Budget Actual Results Variances References Fav. / Unfav. Fixed overhead costs: Total overhead costsStep by Step Solution
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